Equities analysts predict that Kohl’s Co. (NYSE:KSS) will announce sales of $6.82 billion for the current quarter, Zacks reports. Five analysts have issued estimates for Kohl’s’ earnings, with estimates ranging from $6.73 billion to $6.87 billion. Kohl’s reported sales of $6.78 billion during the same quarter last year, which indicates a positive year over year growth rate of 0.6%. The company is scheduled to report its next earnings results on Thursday, March 7th.

On average, analysts expect that Kohl’s will report full year sales of $19.99 billion for the current financial year, with estimates ranging from $18.87 billion to $20.30 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $20.25 billion, with estimates ranging from $18.72 billion to $20.90 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that follow Kohl’s.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, November 20th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.02. Kohl’s had a net margin of 4.79% and a return on equity of 15.55%. The company had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.36 billion. During the same period in the prior year, the business earned $0.70 earnings per share. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year.

KSS has been the topic of several analyst reports. Bank of America reissued a “buy” rating and issued a $90.00 price objective on shares of Kohl’s in a research note on Wednesday, October 10th. Zacks Investment Research raised shares of Kohl’s from a “hold” rating to a “buy” rating and set a $83.00 price objective on the stock in a research note on Tuesday, July 24th. Telsey Advisory Group boosted their price objective on shares of Kohl’s from $86.00 to $99.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 22nd. Morgan Stanley boosted their price objective on shares of Kohl’s from $45.00 to $51.00 and gave the stock an “underweight” rating in a research note on Thursday, August 23rd. Finally, Goldman Sachs Group initiated coverage on shares of Kohl’s in a research note on Monday, September 3rd. They issued a “buy” rating and a $91.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $77.70.

In other news, Director Stephanie A. Streeter sold 4,776 shares of the stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $81.50, for a total transaction of $389,244.00. Following the transaction, the director now owns 24,860 shares of the company’s stock, valued at approximately $2,026,090. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Sona Chawla sold 27,223 shares of the stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $80.92, for a total transaction of $2,202,885.16. Following the transaction, the president now directly owns 253,021 shares in the company, valued at approximately $20,474,459.32. The disclosure for this sale can be found here. Insiders have sold a total of 75,788 shares of company stock worth $6,104,331 in the last three months. Insiders own 1.20% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Blair William & Co. IL raised its holdings in shares of Kohl’s by 0.6% in the 3rd quarter. Blair William & Co. IL now owns 100,238 shares of the company’s stock worth $7,473,000 after acquiring an additional 627 shares during the last quarter. Harvest Fund Management Co. Ltd raised its holdings in shares of Kohl’s by 39.2% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,551 shares of the company’s stock worth $190,000 after acquiring an additional 718 shares during the last quarter. Independent Advisor Alliance raised its holdings in shares of Kohl’s by 8.5% in the 3rd quarter. Independent Advisor Alliance now owns 9,534 shares of the company’s stock worth $674,000 after acquiring an additional 749 shares during the last quarter. OLD National Bancorp IN raised its holdings in shares of Kohl’s by 1.3% in the 3rd quarter. OLD National Bancorp IN now owns 57,193 shares of the company’s stock worth $4,263,000 after acquiring an additional 750 shares during the last quarter. Finally, Radnor Capital Management LLC raised its holdings in shares of Kohl’s by 2.5% in the 3rd quarter. Radnor Capital Management LLC now owns 30,725 shares of the company’s stock worth $2,291,000 after acquiring an additional 755 shares during the last quarter.

Shares of Kohl’s stock traded up $1.06 during trading on Friday, hitting $65.51. The company’s stock had a trading volume of 733,205 shares, compared to its average volume of 4,007,212. The company has a quick ratio of 0.53, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. Kohl’s has a 52 week low of $43.68 and a 52 week high of $83.28. The stock has a market cap of $11.84 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 1.94 and a beta of 1.10.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 26th. Stockholders of record on Wednesday, December 12th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.72%. Kohl’s’s dividend payout ratio (DPR) is presently 58.23%.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Earnings History and Estimates for Kohl`s (NYSE:KSS)

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